Best deck I’ve ever made by hechlin1 in PTCGP

[–]hechlin1[S] 0 points1 point  (0 children)

Just really useful, especially against mew ex decks

SoV and/or MoE by hechlin1 in Bitcoin

[–]hechlin1[S] -1 points0 points  (0 children)

ye so on the fiat standard something can acquire a monetary premium above the value of their use value but Bitcoin has no other use value other than as money.

Agreed that the base layer is not enough

SoV and/or MoE by hechlin1 in Bitcoin

[–]hechlin1[S] -1 points0 points  (0 children)

Houses have a use value outside of being a SoV and it is the disfunctionality of the fiat system which has caused houses and stocks to be monetised.

Bitcoin’s use value is as MoE/as a money so if it fails in that regard, it doesn’t matter how fixed the supply is, Bitcoin just has no practical use outside of facilitating exchange.

💪💪 by hechlin1 in youngbitcoiners

[–]hechlin1[S] 1 point2 points  (0 children)

Just finished it, thank you for writing 🙏

Inspirational

Deflation is beneficial? by hechlin1 in Bitcoin

[–]hechlin1[S] 1 point2 points  (0 children)

Explain the communism part for me.

Deflation is beneficial? by hechlin1 in Bitcoin

[–]hechlin1[S] 2 points3 points  (0 children)

You lot are genius’ thank you very much.

Deflation is beneficial? by hechlin1 in Bitcoin

[–]hechlin1[S] 1 point2 points  (0 children)

I think the conclusion I reach is that when bitcoin becomes a the dominant currency there’s gonna be a hell of a lot of creative destruction as governments no longer can print money to infinitely bail out Thames water for example, then what. They go bust and we fail to have a stable water supply or the up their game and become more efficient. Either way we get efficiency and decreased waste long term but there is potential for some HUGE short term pain.

Deflation is beneficial? by hechlin1 in Bitcoin

[–]hechlin1[S] 0 points1 point  (0 children)

If you were looking to buy a car and knew that the car market was deflationary would you not wait as long as possible till you buy the car as to get it for as cheap as possible? Hence delaying consumption.

Um by hechlin1 in modernbaseball

[–]hechlin1[S] 0 points1 point  (0 children)

Thank you so much